Video Page Microeconomics

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Section 1: Microeconomics

Foundations of IB Economics Series: IB Economics in Simple Language

Economics 102: Macroeconomics

The Pilgrims and Property Rights: How our ancestors got fat & happy


1.0 The foundations of economics

Economics as a social Science

What is Economics?

What is Economics?

Majoring in Economics

The Story of Economics 

What Is Microeconomics?

Intro to Economics: Crash Course Econ #1

Introduction to the Central Themes of Economics

Scarcity

The Foundations of IB Economics Series: Scarcity, Choice, Opportunity Cost, Utility & Econ Problem

Episode 2: Scarcity and Choice

Episode 3: Resources

No such thing as free lunch in Cuba

Steve Jobs - 'a brilliant, inspirational maverick'

Gadgets and apps to make your small business fly

Factors of Production (Resources)

Scarcity, the Basic Economic Problem

Adam Smith

Foundations of IB Economics Series: Adam Smith

Adam Smith - The Inventor of Market Economy I THE INDUSTRIAL REVOLUTION

The Invisible Hand - 60 Second Adventures in Economics (1/6)

Adam Smith: The Invisible Hand

Invisible Hand by John Stossel

The Circular Flow Diagram

The Foundations of IB Economics Series: Circular Flow Model

The circular flow

AP Economics Circular Flow Model

Circular Flow -- Episode 6: The Economic Lowdown Video Series

Circular Flow Matrix- How the economy works- Econ 1.7


Circular Flow Model

The Circular Flow Model of a Market Economy (Welker)

The Production Possibility Curve

The Foundations of IB Economics Series: The Production Possibilities Curve (PPC)

The Production Possibilities Frontier, Part 1 – The Economic Lowdown Video Series

The Production Possibilities Frontier, Part 2 – The Economic Lowdown Video Series

(Production Possibility Frontier/Curve, PPF, PPC) Why can't things be free?

Episode 7: Individual PPC

Episode 8: Opportunity Cost

Episode 9: Society's PPC

Episode 10: PPC and Resource Changes

Textbook - Production Possibility Curve

Econ 1.1 Production Possibilities Curve

Econ 1.2 Shifting the Production Possibilities Curve (PPC)

EconMovies 3: Monsters Inc (Production Possibilities Curve)

Scarcity, Opportunity Cost and the PPC (Welker)

The Law of Increasing Opportunity Cost and the PPC Model (Welker)

Choice and Opportunity Cost

Scarcity, Choice, Opportunity Cost. Why successful women tend to postpone marriage plans.

Opportunity Cost

Central Themes

The Foundations of IB Economics Series: Microeconomics and Macroeconomics

Episode 4: Micro vs Macro

Episode 5: Positive vs Normative

Positive vs Normative analysis

Episode 5A: Models & Theories

1.1 Competitive markets: demand and supply 
Markets

Market Prologue

Demand

Demand and Supply Series: The Law of Demand


Demand and Supply Explained- Econ 2.1

Demand - The Economic Lowdown Video Companion

Market Demand Curve. How do we sum individual demand curves?

Change in Quantity Demanded vs Change in Demand

The Demand Curve

Factors Affecting Demand.

Aggregate demand

Episode 11 - Demand

Episode 12: Change in Demand vs Change in Quantity Demanded

The Law of Demand (2016 new lesson!)

Changes in Demand versus Changes in Quantity Demanded (Welker)

The Determinants of Demand (2016 new lesson!)

Supply

Demand and Supply Series: The Law of Supply


Demand and Supply Explained (2 of 2) - Econ 2.2

Supply - The Economic Lowdown Video Companion

Market Supply: What does horizontal summation mean?

Supply Curve. Why is there a direct relationship between price and quantity supplied?

Change in Quantity Supplied vs Change in Supply

Factors Affecting Supply

Shifting of Demand and Supply Curves (Part I)

Shifting of Demand and Supply Curves (Part II)

Episode 13: Supply

The Law of Supply and the Determinants of Supply 

Why does Supply slope upwards? (The law of increasing opportunity cost and supply)

Market Equilibrium

The Foundations of IB Economics Series: "The Rule of 11"--The Basic Supply and Demand Diagram


Shifting Demand and Supply- Econ 2.3

Double Shifts- Econ 2.5 (Technical Tuesday)

Equilibrium: The Economic Lowdown Video Companion

Market Equilibrium

The Market. How producers and consumers react to price incentives.

The Red Shoes: An Introduction to Supply and Demand

Episode 14: Market Equilibrium

The Law of Demand and Supply

AP Economics Shifting Supply and Demand

How to Calculate Equilibrium Price and Quantity (Demand and Supply)

Supply and Demand: Crash Course Economics #4 

Market Equilibrium, Disequilibrium and Allocative Efficiency

The role of the price mechanism

Demand and Supply Series: The Role of Price Mechanism

A Price Is a Signal Wrapped up in an Incentive

How price mechanism helps us make decisions. Producers and consumers react to incentives.

Price is a useful lie detector

What Do Prices "Know" That You Don't?

Expenditures and Revenues

Functions of Price

I, Pencil: The Movie

The Price System, Part 1: Information

The Price System, Part 2: Profits & Losses

Economics in One Lesson XI: How the Price System Works

Market efficiency

Market Equilibrium: Market and Allocative Efficiency

Consumer Surplus Example Economics

How to Calculate Consumer Surplus

Micro 2.6 Consumer and Producer Surplus: Econ Concepts in 60 Seconds- Dead Weight Loss

Consumer and Producer Surplus

Consumer Surplus

Producer Surplus

Allocative Efficiency

Marginal Cost and Marginal Benefit. Why we never seem to run out of oil.

Consumer Surplus and Producer Surplus

Introduction to Dead Weight Loss (Welfare Loss)

Gift giving




Linear Equations
Introduction to Linear Demand Equations - HD

Linear Demand Equations: Shifts in Demand - HD

Linear Demand Equations - part 1(NEW 2016)

Linear Demand Equations - part 2 (NEW 2016!)

Linear Demand Equations - part 3 (NEW 2016!)

Linear Demand Equations - part 4 (NEW 2016!)

Linear Supply Equations - part 1

Linear Supply Equations - part 2

Linear Supply Equations - Part 3

Finding equilibrium price and quantity using linear demand and supply equations

Deriving Demand and Supply Equations from Data

Consumer Surplus and Producer Surplus in the Linear Demand and Supply Model

Calculating the area of Deadweight Loss (welfare loss) in a Linear Demand and Supply model

IB Economics Paper 3: Linear Equations HL practice (part 1)

IB Economics Paper 3: Linear Equations HL practice (part 2)

1.2 Elasticity

Applications Using Elasticity

Price elasticity of demand (PED)

Price elasticity of demand

Episode 16: Elasticity of Demand
Price elasticity of supply (PES)

Price Elasticity of Supply

Price Elasticity of Supply

How to Calculate Price Elasticity of Supply (PES) 

Price Elasticity of Supply and its Determinants

Elasticity of Supply

Income elasticity of demand (YED)

Income elasticity of demand

Income Elasticity of Demand

Income Elasticity of Demand(Welker)

How to Calculate Income Elasticity of Demand

Income Elasticity

Cross price elasticity of demand (XED)

Cross elasticity of demand 

Cross-Price Elasticity of Demand

How to Calculate Cross Elasticity of Demand

Micro 2.9A Elasticity of Demand Coefficients (Cross-Price and Income Elasticity)- AP Microeconomics

Cross-Price Elasticity

Cross Price Elasticity of Demand and its Determinants

1.3 Government intervention
Indirect taxes

Government Intervention Series: Introduction and Overview

How to calculate Excise Tax and determine Who Bears the Burden of the Tax

Per-Unit Tax Graph

Tax Burden

incidence of tax.mov

Who Pays the Tax? 

Commodity Taxes 

Tax Revenue and Deadweight Loss

Micro 2.10 Taxes on Producers- ACDC Econ

Micro 2.10 ExciseTax Practice

How to determine the Deadweight Loss After a Tax

How to calculate deadweight loss

TAXES & Dead Weight Loss (Consumer surplus)

Sales Tax- Elasticity & Tax Burden (Tax incidence)

Tax incidence and elasticity cfa-course.com

Tax Incidence and Supply-Demand Elasticity

Per-Unit vs. Lump-Sum Taxes

The Effects of an Excise Tax - Elastic Demand

The Effects of an Excise Tax - Inelastic Demand

Indirect taxes' Effect on Supply - part 1

Indirect taxes' Effect on Supply - part 2

Using Linear Equations to Determine the Burdens of an Excise Tax

Calculating the Effects of a Specific, Indirect Tax

How to calculate the impact of import and export tariffs.

Direct Taxes
The Progressive Income Tax: A Tale of Three Brothers

Lower Taxes, Higher Revenue

Direct and Indirect Taxes

Progressive, Proportional, & Regressive Tax Structures

Tax brackets and progressive taxation

Subsidies

Government Intervention Series: The Per-Unit Subsidy Diagram

"Should the Government Subsidize...Silly Walks?

Subsidies

Microeconomics - Subsidies

Calculating the Effects of a Subsidy using Linear Equations.

The Effects of a Per Unit Subsidy

Market Equilibrium with a Subsidy

Welfare Analysis of a Subsidy

Price controls

Government Intervention Series: The Price Floor Diagram

Episode 15: Price Floors and Price Ceilings

Price Ceilings and Floors- Economics 2.6

How to Calculate Consumer Surplus Producer Surplus with a Price Floor

How to Calculate Consumer Surplus and Producer Surplus with a Price Ceiling

How to calculate changes in consumer and producer surplus with price and floor ceilings.

Price Ceilings

Price Floors

Why Rent Control Hurts Renters

The Truth about the Minimum Wage

Does the Minimum Wage Hurt Workers?

What's the Right Minimum Wage?

Price Ceiling/ Rent Ceiling - Welfare Analysis

Price Ceilings - AP Economics

Price Floors - AP Economics

Calculating the Effects of Price Controls using Linear Supply and Demand Equations

Determining the Effects of Price Ceilings and Price Floors

AS Economics Intervention #5: Buffer Stocks to stabilise prices

buffer stock schemes

Price Controls, Subsidies, and the Risks of Good Intentions: Crash Course Economics #20

 1.4 Market failure

The meaning of market failure

Market Failure Series: Market Failure Introduction and Overview

Episode 31: Market Failures

Micro Unit 6 Intro- Market Failures and the Government

EconMovies 7: Anchorman (Efficiency and Market Failures)

Types of market failure

Types of Market Failure

Externalities

Market Failure Series: Negative Externalities of Production--Diagram and Solutions

Economic Lowdown: Episode 5: Externalities

Introduction to Market Failure Welker

Negative Externalities of Production Welker 

Negative Externalities of Consumption as a Market Failure - part 1 Welker 


Episode 32: Externalities

Micro 6.1 Negative Externalities: Econ Concepts in 60 Seconds-Externality

Negative Externalities - AP Microeconomics

Micro 6.2 Positive Externalities: Econ Concepts in 60 Seconds

Positive Externalities Graph - AP Microeconomics 

Positive Externalities of Production as a Market Failure Welker 

Positive Externalities of Consumption as a Market Failure Welker 

Externalities: When Is a Potato Chip Not Just a Potato Chip?

Negative Externalities and the Coase Theorem

Correcting Market Failure by Externalities 

Market Failures, Taxes, and Subsidies: Crash Course Economics #21





Public Goods

Episode 33: Public Goods

Public vs. Private Goods 


Public Goods as a Market Failure - part 1 Welker 

Public Goods as a Market Failure - part 2 Welker 

Common Access Resources

Tragedy of The Commons

Tragedy of the Commons or The Problem with Open Access

What happened to the Grand Banks cod?


The Tragedy of the Commons as a Market Failure Welker 

Visualizing the Tragedy of the Commons Welker 

Environmental Econ: Crash Course Economics #22

Sustainability of Resources

Protecting Sustainable Resources

Who should own the nature?

Sustainability explained through animation

Managing natural resources: making more with less

Population, Sustainability, and Malthus: Crash Course World History 215

Asymmetric information

Economics of natural disasters: Moral hazard, government intervention and insurance

Moral Hazard


Moral Hazard

Solutions to Moral Hazard

Asymmetric Information as a Market Failure - part 1 Welker 

Asymmetric Information as a Market Failure part 2 Welker 

Monopoly power

A2 Micro Revison Webinar - Monopoly Power in Markets

Distribution of income

Income and Wealth Inequality: Crash Course Economics #17

The Lorenz Curve 

The Gini Coefficient

Measuring Income Inequality

Alternative Measures of Income Inequality

Equity in the Distribution of Income Series: Introduction and Overview

Lorenz curve

HSC Economics - Measuring the Distribution of Income and Wealth in an Economy

The Lorenz Curve and Gini Coefficient

John Stossel - The Free Market & Income Inequality


Progressive & Regressive Tax Structures

Progressive, Proportional, & Regressive Tax Structures


Tax brackets and progressive taxation


1.5A Theory of the firm and market structures Production Cost
Short Run Vs long Run

Episode 20B - Short Run vs. Long Run Production

The Short Run versus The Long Run

Production Function

Episode 20: Producer Theory

The Theory of Production, Marginal Product, Average Product

Econ - Production Function / Total Product

Diminishing Marginal Returns- Micro 3.1

Micro 3.2 AP Economics Marginal Product and Marginal Cost: Econ Concepts in 60 Seconds Review

Understanding the relationships between Total, Marginal and Average Product Welker

The Law of Diminishing Marginal Returns in a Toy Truck Factory Welker

Cost Curves

Episode 21: Accounting Costs vs. Economic Costs
Episode 22: Fixed and Variable Costs
Episode 23: Cost Curves
Episode 24: Do we really need all those diagrams?

Micro Unit 3 Intro- Costs of Production and Perfect Competition

Costs of Production and Cost Curves (1 of 2)

Costs of Production- Microeconomics 3.3 (Part 1)

Cost Curves- Microeconomics 3.3 (Part 2)

Marginal Cost and Average Total Cost- Micro 3.4

Micro 3.3 Cost Curves MC, ATC, AVC, and AFC

Marginal Cost and ATC- Why do cost curves do that?

Average And Marginal Costs

Productivity and Costs in the Short-run Welker

Relationships between a Firm's Short-run Costs of Production Welker

Revenue, Profits, and Price: Crash Course Economics #24

Long Run Cost Curves

Economies of Scale- Micro 3.2

Relationship Between The LRAC And The SRAC

Long run average total cost curve relating to economies and diseconomies of scale

economies of scale

Explaining Economies Of Scale

Economies of Scale

Long-run Average Total Cost and Economies of Scale Welker

Economies of Scale Tutor2u

Internal Economies of Scale Tutor2u

Diseconomies of Scale

Diseconomies of Scale Tutor2u

Container Firms Order New Ships To Gain Economies Of Scale

Timelapse - Entering Port of Savannah & Cargo Operations [4K]

1.5B Theory of the firm and market structures Perfect Competition

Total Cost and Total Revenue

Revenue in Perfectly Competitive Markets

Revenue Curves for Firms

Revenue, Costs and Profit Part 1

Y2/IB 7) Revenue Curves - Average and Marginal Revenue in Perfect and Imperfect Competition


Accounting Profit VS Economic Profit

Economic Profit and Costs Review

Profits economic profits and normal profits

Economic Profit vs Accounting Profit

Understanding Normal Profit: Economics 101

Profit Maximization   

Episode 26B: Maximizing Profits

Micro 3.9 Maximizing Profit: MR=MC Practice

Micro 3.7 MR = MC Practice: Econ Concepts in 60 Seconds for Advanced Placement

How Much to Produce? The Story of Marginal Revenue and Marginal Costs

Marginal Cost and Marginal Revenue

Introduction to Perfect Competition


Episode 25: Market Structures

Episode 26: Perfect Competition

Introduction to Perfect Competition

Demand, Marginal Revenue and Profit Maximization for a Perfect Competitor

Micro 3.8 Graphing Perfect Competition Practice: Econ Concepts in 60 Seconds for AP micro

Perfect Competition Short Run

Perfect competition: Point of profit maximisation

AP Micro Perfect Competition - Short Run Profit

AP Micro Perfect Competition - Short Run Loss

How to calculate profit, loss, marginal cost in a Perfect Competition

The Calculus Proof of Perfect Competition

Micro 3.4 The Shut Down Rule: Econ Concepts in 60 Seconds:

Micro 3.5 Perfect Competition in the Short Run: Econ Concepts in 60 Seconds Adavced Placement

The "Shut-down Rule" - When should a firm shut down in the face of economic losses?

Perfect Competition: How to Graph it

Perfect Competition: Firms Operating at a Loss

Perfect Competition: Economic Profit, Loss, & Shut-Down

Short-Run Shutdown Rule: Explained - Ecoonomics 101

Perfect Competition Long Run

Micro 3.6 Perfect Competition in the Long Run: Econ Concepts in 60 Seconds for AP Micro

From Short-run to Long-run in Pefect Competition

Efficiency

Efficiency in Perfectly Competitive Markets

perfect competition 8 efficiency of the long run equilibrium 

Difference between Productive and Allocative Efficiency

Entry, Exit, and Supply Curves: Constant Costs

Entry, Exit, and Supply Curves: Increasing Costs

Entry, Exit, and Supply Curves: Decreasing Costs


1.5C Theory of the firm and market structures Monopoly
Introduction to Monopolies

Episode 27: Monopoly

Introduction to Monopoly Theory

Introduction to Monopoly Theory with Numbers

 Introduction to Pure Monopoly
Barriers to Entry

China's rare earth monopoly

De Beers

Elasticity of a Monopolist Demand Curve

Elasticity of Demand & Marginal Revenue

Micro 4.1 Monopoly Demand and MR: Econ Concepts in 60 Seconds monopoly graph

4.4 Elastic and Inelastic Range of Demand for Monopolies: Econ Concepts in 60 Seconds microeconomics

Monopoly Graphs

Monopoly: How to Graph It

Monopoly Graph Review and Practice

Micro 4.2 Monopoly Graph Review: Econ Concepts in 60 Seconds- AP micro

Monopoly - What You Must Know in 5 Minutes - Microeconomics

Monopoly - Economic Profit

Monopoly Economic Loss Graph

Micro 4.7 Ultimate Monopoly Review: Econ Concepts in 60 Seconds for AP Econ

Alternative Goals of the Frim

 Theory of the firm #11 - Alternative goals of firms (HL Only)


Profit Maximization, Revenue Maximization and PED in Pure Monopoly

Natural Monopoly

Natural Monopoly and the need for Government Regulation

Natural Monopoly

Chapter 13 2 Natural Monopoly

Natural Monopoly and efficiency

Welfare & Efficiency

Monopoly and Consumer Surplus

Episode 27B: Deadweight Loss from Monopoly

Monopoly and Deadweight Loss

Micro 4.3 Monopoly Dead Weight Loss Review: AP Microeconomics

Micro 4.12 Dead Weight Loss- Key Graphs of Microeconomics

4.5 Socially Optimal and Fair Return for Monopolies: Econ Concepts in 60 Seconds socially optimal

Monopoly VS Perfect Competition

3 10 Monopoly versus Perfect Competition

Monopoly vs Perfect Competition

Econ 1, Pure Competition vs. Pure Monopoly 

4.5 Monopoly vs. Perfect Competition AP Micro

Government Intervention

Episode 28: Regulation

Micro 4.6 Lump Sum and Per Unit: Econ Concepts in 60 Seconds

Per-Unit vs. Lump-Sum Taxes - AP Microeconomics

Micro 4.6 Socially Optimal and Fair Return for Monopolie


Price Discrimination

Micro 4.13 Price Discriminating Monopoly (First Degree)

Introduction to Price Discrimination

The Social Welfare of Price Discrimination

Price Discrimination and its Effect on Efficiency in a Monopolistic Market

Cost & Benefits of Monopolies

The Costs and Benefits of Monopoly

1.5D Theory of the firm and market structures Oligopoly & Monopolistic Competition
Monopolistic Competition

Episode 29: Monopolistic Competition  

Long Run Eq. Monopolistic Competition

Monopolistic Competition Economic Profit

Monopolistic Competition Economic Profit

Monopolistic competition

Monopolistic Competition

Monopolistic Competition- Short Run and Long Run

Micro 4.11 Monopolistic Competition in the Long-Run: Econ Concepts in 60 Seconds

1.6 Factors Market

Labour market

(THE LOST EPISODES) Market Structures for Buyers

(THE LOST EPISODES) Factor Market Overview

(The Lost Episodes) Perfectly Competitive Factor and Output Markets

(THE LOST EPISODES) Perfectly Competitive Factor, Monopoly Output Market

(THE LOST EPISODES) Monopsony Factor, Perfectly Competitive Output

(THE LOST EPISODES): Monopsony Factor, Monopoly Output

Economics A2 Level Unit 3 - The Demand and Supply of Labour

Economics A2 Level Unit 3 - The Labour Market: Wage Determination

Marginal Revenue Product of Labour (MRPL)

The Marginal Product of Labor

Econ Duel: Is Education Signaling or Skill Building?

Human Capital and Signaling

The Tradeoff Between Fun and Wages: No Such Thing as a Free Lunch

Compensating Differentials

Micro 5.1 Market and Minimum Wage: Econ Concepts in 60 Seconds:- Economics Lesson

5.2 Perfectly Competitive Labor Market and Firm: Econ Concepts in 60 Seconds- Advanced Placement

Micro 5.3 Comparing Product and Resource Markets: Econ Concepts in 60 Seconds- Review

Micro 5.4 Resource Market, MRP and MRC: Econ Concepts in 60 Seconds- Factor Market



Union Models 

Union models

Do Unions Raise Wages?

Trade Unions - Wages and Jobs

Trade Unions - Labour Market Impact

Trade Unions In A Monopsony Labour Market

Bilateral Monopoly Diagram

Least Cost Combination of Factors 



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